What Are the Two Ways We Can Check for Heteroskedasticity

question 5

Multiple Choice

What are the two ways we can check for heteroskedasticity?

• A) We can examine a plot of predicted values vs the residuals
• B) We can run the Hausman test
• C) We can run the hettest command
• D) We can compare the F-test of two models

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Definitions:

Endangers

Puts someone or something at risk of harm, damage, or destruction.

Wastes Energy

Refers to the inefficient use or expenditure of energy resources without achieving the intended or optimal outcomes.

Healthy

Pertaining to or indicative of good physical, mental, and social well-being, not merely the absence of disease or infirmity.

Mate

In biology, refers to the selection of a partner for reproduction. In social contexts, can mean a partner or spouse.